Photo 1 of 31831 Grand River Avenue, Unit 52
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Active · MLS #20261080286
$85,000 1 bd1 ba490 sqft

31831 Grand River Avenue, Unit 52, Farmington, MI 48336

Est. $1,172/mo with current taxes · · See the breakdown

TypeCondominium
Built1964
Price/sqft$173
On market22 days
HOA$336/mo

About this home

How would you like to have access to an indoor swimming pool year around without paying Health Club fees? Here is the place. Lovely little condo in the heart of famous Farmington Downtown with its eateries, coffee houses, movie theater and great shopping within walking distance. Condo is in great condition, new carpet, painted, in-unit stackable washer/dryer. And more - there is a door wall to a little "patio" to enjoy a cup of tea and those beautiful fall colors now. Impressive Club House if you wish to have a gathering of friends. Affordable, great place for a reasonable price. HOA includes heat, water/sewer, grounds maintenance, trash removal.

Monthly payment

$1,172per month
Principal & interest$484
Property tax, current$117
Homeowners insurance$200
Mortgage insurance (PMI)$35
HOA dues$336

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$85,000
Beds1
Baths1 full
Square feet490
TypeCondominium
SubdivisionBROOKDALE CONDO OCCPN 233
CountyOakland
MLS #20261080286
Listed2026-10-12
Days on market22
Year built1964
PossessionAt closing
Stories1 story, ground floor
HeatingForced air, Natural gas
FoundationSlab
Water / SewerCity water & sewer
Parcel number2327453052
Listing officeRealgistics

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$31,370about $42,500
Yearly property tax$1,407about $1,893

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $486 a year more than this seller pays. The assessor's state equalized value (SEV) is $37,030. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Farmington's 2025 homestead rate of 44.54 mills and assumes you claim the homestead exemption. See Farmington's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-03T21:03+00:00; refreshed at least twice daily.

$85,000Est. $1,172/mo
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